V D V GESTION: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
V D V GESTION
Largest movements
- Receivables within one year +€12,095
up €12,095 (+5.5%), from €218,269 to €230,364
- Tax, wage and social debts +€5,994
new in 2025: €5,994
- Profit (loss) carried forward +€4,032
up €4,032 (+30.3%), from -€13,323 to -€9,290
- Taxes +€5,994
new in 2025: €5,994
- Gross operating margin -€2,926
down €2,926 (-752%), from -€389 to -€3,316
- Financial income +€756
up €756 (+5.9%), from €12,839 to €13,595
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,352 | €232,769 | +€11,417 | +5.2% |
| Current assets | 29/58 | €221,352 | €232,769 | +€11,417 | +5.2% |
| Amounts receivable within one year | 40/41 | €218,269 | €230,364 | +€12,095 | +5.5% |
| Other amounts receivable | 41 | €218,269 | €230,364 | +€12,095 | +5.5% |
| Cash at bank and in hand | 54/58 | €3,083 | €2,405 | -€678 | -22.0% |
| Total equity and liabilities | 10/49 | €221,352 | €232,769 | +€11,417 | +5.2% |
| Equity | 10/15 | €155,184 | €159,216 | +€4,032 | +2.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €93,506 | €93,506 | = | 0.0% |
| Tax-exempt reserves | 132 | €93,506 | €93,506 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,323 | -€9,290 | +€4,032 | +30.3% |
| Provisions and deferred taxes | 16 | €31,169 | €31,169 | = | 0.0% |
| Deferred taxes | 168 | €31,169 | €31,169 | = | 0.0% |
| Amounts payable | 17/49 | €35,000 | €42,385 | +€7,385 | +21.1% |
| Amounts payable within one year | 42/48 | €35,000 | €42,385 | +€7,385 | +21.1% |
| Trade debts | 44 | - | €891 | +€891 | |
| Suppliers | 440/4 | - | €891 | +€891 | |
| Taxes, remuneration and social security | 45 | - | €5,994 | +€5,994 | |
| Taxes | 450/3 | - | €5,994 | +€5,994 | |
| Other amounts payable | 47/48 | €35,000 | €35,500 | +€500 | +1.4% |
| Gross operating margin | 9900 | -€389 | -€3,316 | -€2,926 | -752% |
| Operating profit (loss) | 9901 | -€389 | -€3,316 | -€2,926 | -752% |
| Financial income | 75/76B | €12,839 | €13,595 | +€756 | +5.9% |
| Recurring financial income | 75 | €12,839 | €13,595 | +€756 | +5.9% |
| Financial charges | 65/66B | €276 | €253 | -€23 | -8.3% |
| Recurring financial charges | 65 | €276 | €253 | -€23 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €12,174 | €10,026 | -€2,148 | -17.6% |
| Income taxes | 67/77 | - | €5,994 | +€5,994 | |
| Profit (loss) for the period | 9904 | €12,174 | €4,032 | -€8,141 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,174 | €4,032 | -€8,141 | -66.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.